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<br /> e . :v <br /> \ <br />NO. 93-IDA-I4-- { <br /> { <br />STATE OF TEXAS { <br /> { <br />COUNTY OF HARRIS { <br /> INDUSTRIAL DISTRICT AGREEMENT <br /> <br />This AGREEMENT made and entered into by and between the CITY <br />OF LA PORTE, TEXAS, a municipal corporation of Harris County, <br />Texas, hereinafter,c{illed "CITY", ~nd b.~4:::CAf'\ 0. s. \.U~~ <br />, a ~b..U ~~S~ corporation, hereinafter <br />called "COMPANY", <br /> <br />WIT N E SSE T H: <br /> <br />WHEREAS, it is the established policy of the City Council of <br />the City of La Porte, Texas, to adopt such reasonable measures from <br />time to time as are permitted by law and which will tend to enhance <br />the economic stability and growth of the City and its environs by <br />attracting the location of new and the expansion of existing <br />industries therein, and such policy is hereby reaffirmed and <br />adopted by this City Council as being in the best interest of the <br />City and its citizens; and <br /> <br />WHEREAS, pursuant to its policy, City has enacted Ordinance <br />No. 729, designating portions of the area located in its <br />extraterritorial jurisdiction as the "Battleground Industrial <br />District of La Porte, Texas", and Ordinance No. 842A, designating <br />portions of the area located in its extraterritorial jurisdiction <br />as the "Bayport Industrial District of La Porte, Texas", <br />hereinafte:J; collectively called "District", such Ordinances being <br />in compliance with the Municipal Annexation Ac of Texas, codified <br />as Section 42.044, Texas Local Governme ode and <br />J.e s,$ee.... ' <br />WHEREAS i Company is the mJRQZ' of a designated <br />Industrial District of the city of La Porte, said land being <br />legally described on the attached Exhibit "A" (hereinafter "Land") ; <br />and said Land being more particularly shown on a plat attached as <br />Exhibit "B", which plat describes the ownership boundary lines; a <br />si te layout, showing all improvements, including pipelines and <br />railroads, and also showing areas of the Land previously annexed <br />by the City of La Porte; and <br /> <br /> <br />WHEREAS, City desires to encourage the expansion and growth <br />of industrial plants within said Districts and for such purpose <br />desires to enter into this Agreement with Company pursuant to <br />Ordinance adopted by the City Council of said City and recorded in <br />the official minutes of said City: <br /> <br />NOW, THEREFORE, in consideration of the premises and the <br />mutual agreements of the parties contained herein and pursuant to <br />the authority granted under the Municipal A~nexation Act and the <br />Ordinances of City referred to above, City and Company hereby agree <br />with each other as follows: <br /> <br />Revised: October 22, 1993 <br />